MagPower Signs Licensing Agreement For Use Of Its Magnesium-Air Fuel Cell (MAPC) With UltraGuard's Portable Ultra Violet Water Purification System
This is previous news regarding the MagPower alliance.
VANCOUVER, BC -- MagPower Systems Inc. a premier magnesium-air fuel cell developer announces that it has signed a licensing agreement to provide MagPower's Magnesium-Air Fuel Cell as a power source for UltraGuard Water Systems Corp. (OTC - BB - UGRD) portable ultra violet water purification system.
Having supplied to MagPower the portable water purification system, testing was conducted at MagPower's lab facilities by Joey Jung at BC Research Inc. with Mr. Ken Fielding, President of Ultra Guard present for this momentous occasion.
According to Shawn A. McGroarty, CEO for MagPower, "We are pleased to have UltraGuard as a licensee. Their technology and operational plans have been well executed by a well-seasoned management team and are well positioned to obtain a substantial market share with their technology."
Ken Fielding, President of UltraGuard said, "We are enthusiastic about the technology MagPower has developed and look forward to having the MAPC as a power source for our system. The distinctive advantage their system has as a primary power source will lend itself as an asset in the operation of our ultra violet water purification system worldwide.
Ultra Guard has offices in Langley BC and will be making available their system worldwide using MagPower's Magnesium-Air Fuel Cell. MagPower's fuel cell operates with a salt-water electrolyte combined with the companies patent pending Hydrogen Inhibitors. With its indefinite shelf life, the Magnesium-Air Fuel Cell has distinct advantages over heavy lead acid batteries that are currently used.
MagPower Systems Inc. is an energy systems company that is focused on the development of innovative energy solutions based on its patent pending hydrogen Inhibitors. Through the application of its Hydrogen Inhibitors, MagPower has developed a Magnesium-Air Fuel Cell and the ability to reduce production costs in the electrowinning process (zinc, copper, nickel), coolants, hydrogen embrittlement, anodizing, zinc alkaline batteries, electroplating, waste water recycling and metal-air power sources (zinc, aluminum).
FOR MORE INFORMATION, CONTACT:
President: Bruce Downing
CEO: Shawn McGroarty
Phone: 604.940.3232
Fax: 604.940.3233
Address: 340 - 6165 Highway 17 Delta, BC
Email: CEO@magpowersystems.com
Web address: www.magpowersystems.com